Letters | Forget long-term leases. Here’s how Hong Kong can reinvent retail

Hong Kong’s business environment is undergoing a profound transformation. Once defined by its buzzy street life and guaranteed foot traffic, the city now faces a new reality shaped by digital disruption and altered consumer behaviour.

The Hong Kong government can play a pivotal role in converting retail spaces in high-traffic areas into dynamic zones for rotating pop-up stores. Such a set-up would allow brands to test products, respond to seasonal trends and engage consumers without the burden of a permanent commitment.

To support this shift, the government might consider offering incentives to landlords – such as tax breaks, streamlined licences for short-term tenants or co-investment in infrastructure upgrades. Landlords, in turn, can curate clusters of complementary businesses – such as wellness, fashion and tech – to create synergy and attract diverse consumers.